1、CUSHMAN&WAKEFIELD|AMERICAS DATA CENTER MARKET OVERVIEWPRIMARY MARKETS:,Chicago,Columbus,Dallas,NYC/NNJ,Phoenix,Toronto,VirginiaSECONDARY MARKETS:Austin and San Antonio,The Carolinas,Reno,Salt Lake City,Denver,Montreal and Quebec,West Texas,Boston,Minneapolis,Las VegasTERTIARY MARKETS:Alberta,Central
2、 Washington,Cheyenne,Iowa,Kansas City,Pennsylvania,VancouverFEATURED IN THIS UPDATEAMERICASDATA CENTER H2 2025 UPDATEH2 2025Note on data coverage:This edition includes higher capacity figures.While the industry is growing rapidly,many of these increases stem from newly discovered data,the inclusion
3、of new AI,High Performance Computing(HPC)and neocloud companies within hyperscale self-build totals,and an expanded market scope that now covers all North and South America.Because of these changes,absorption calculations are not provided in this edition.CUSHMAN&WAKEFIELD|AMERICAS DATA CENTER MARKET
4、 OVERVIEWH2 2025 UPDATEAMERICAS DATA CENTER UPDATE H2 2025Accelerated growth is no longer the most accurate descriptor of the Americas data center market.A better characterization is Managed Growth.Governments and local authorities are rewriting the rules of the playbook to ensure that new data cent
5、er development does not overburden existing resources,including the grid,or raise utility bills for smaller customers.Demand for compute is still intense,and new product is finding its way to the market while development pipelines expand.However,a critical regulatory shift is underway.New local-leve
6、l policies are slowing acceleration and introducing fresh hurdles to project approval.These new regulations are leading to the denial of new projects in some areas,the cancellation of approved projects in others,and even the removal of by-right zoning for data centers.Combined,these factors are cont